An analysis of HK’s housing market KC Kwok Honorary Senior Research Fellow School of Economics & Finance University of Hong Kong.

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Presentation transcript:

An analysis of HK’s housing market KC Kwok Honorary Senior Research Fellow School of Economics & Finance University of Hong Kong

2 Residential Property Price Index, Mar Source : CEIC

3 Private Domestic Units - Stocks Source : CEIC

4 Property Price and Rental versus Median Monthly Earnings and Nominal GDP Source : CEIC

5 Mortgage repayment affordability ratio (%) Source : CEIC

6 Private housing - Vacancy Rates Source : CEIC

7 Private housing – Completions by Size Source : CEIC

8 Net change in private housing stock by size, Source : CEIC

9 Residential Units Completed 9 Source : CEIC, Policy Address, Rating and Valuation Department, HA

10 Price Indices for Hong Kong Property Market, Q1 (1999=100) Source : CEIC

11 Residential Property Price Index in Taipei, Singapore and HK, 1998 Q Q1 Source : CEIC

12 Distribution of domestic households by tenure of accommodation, Source : HKSAR, CSD

13 Distribution of domestic households by type of housing, Source : HKSAR, CSD

14 Land Use in HK Source : Hong Kong Yearbook 2009

15 Development of Singapore and Hong Kong in the past 15 years Singapore Hong Kong 2010% change2010% change ( ) Population ('000, Mid Year)5, , Employment ('000)3, , GDP (USD bn) GDP per capita (USD)43, ,

16 China & Hong Kong – M2

17 “Being part of China has never been more exciting than it is today. … What had been impossible has now become possible.” Prof Wang Gungwu, March 2011.

Thank You